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IMF predicts Poland's economy will slow down in 2012


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pawianThreads: 90
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 Jun 1, 11, 22:25    #31
PolskiMoc:
Yes, Consumer & Investor confidence is a huge part of it. When there is breaking news like the IMF saying Poland will decline it makes it so people are less likely to invest.

This is why it is important for leaders during a recession or depression to keep up consumer & invester confidence.
If consumer of Investor confidence goes down.



I agree with that. I saw one or two plunges of Polish zloty currency after irresponsible politicians gave interviews.

suntzu  Jun 5, 11, 01:06    #32
pawian:
I saw one or two plunges of Polish zloty currency after irresponsible politicians gave interviews


Not strictly true, paiwan. It is very common to "talk down" a currency when perceived to be too strong,in order to boost exports and give a good price to foreign investors. Every country does it with a few exceptions like Canada and Aus.
Google "currency wars", if interested
pawianThreads: 90
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 Jun 5, 11, 21:43    #33
suntzu:
Not strictly true, paiwan. It is very common to "talk down" a currency when perceived to be too strong,in order to boost exports and give a good price to foreign investors. Every country does it with a few exceptions like Canada and Aus.
Google "currency wars", if interested


I am not interested in currency wars.

What I know though is that a few times in last 20 years some Polish politicians made silly comments or revealed secret info and the Polish currency dropped despite good economic conditions.
So, excuse me, sir/madame/madameissole, but I know what I was talking about.
Lodz_The_BoatThreads: 58
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 Jun 5, 11, 21:50    #34
Slow down???

Come ON already!! ...

The jobs are scarce already ... educated Poles find it hard to get the job of their liking ... how will the nation be at peace?

Whats going on???

Dislike IMF already ...
SeanusThreads: 22
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 Jun 5, 11, 21:52    #35
The IMF will look to cripple you, make no mistake about it!
warszawskiThreads: 60
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 Jun 5, 11, 22:54    #36
Seanus:
The IMF will look to cripple you, make no mistake about it!


Seanus, you may want to read this, it is on the internet so it's open.

http://www.imf.org/external/np/ms/2011/051211.htm
SeanusThreads: 22
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 Jun 5, 11, 22:57    #37
It's shameful propaganda, warsz. Believe that spin and you'll believe anything.


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